COBOL

Did you know that 85% of Fortune 500 financial transactions still run on COBOL programming language, which was created in 1959?  Yet 72% of experienced COBOL developers are expected to retire within the next decade, creating a critical talent gap that demands immediate attention. This comprehensive guide explores what COBOL is, why enterprises continue to...

Japan’s financial sector is nearing a major turning point, and COBOL bank systems are now at the center of that urgency. According to METI’s 2025 report, aging legacy financial systems, many built on COBOL, may increasingly limit banks’ ability to innovate and respond to new digital demands. These systems have delivered stability for decades, but...